The numbers come one day after the local real estate board in Calgary, which was expected to be a hot spot in the country for
housing sales this year, said sales fell by more than 2 per cent compared to last March.
Meanwhile, high - end homes in the $ 2 - million - plus range accounted for only 5.5 per cent of detached
house sales this year compared to 10 per cent in April 2017.
Not exact matches
2016's movie industry highlights include a monster
year for Walt Disney, as the Mouse
House set a new yearly global box office record, becoming the first studio to ever top $ 7 billion in worldwide ticket
sales.
Sales of previously occupied homes rose in February to the highest level in nearly three
years, while builders broke ground on more
houses and apartments.
The number of Canadian homes sold in March plunged 23 per cent and the national average price was down 10 per cent from the same month last
year amid double - digit plunges in most
housing markets across the country, according to the latest monthly
sales data released Friday.
With 34 shopping centers worldwide, Westfield
houses more than 6,500 retailers and 400 million annual customer visits responsible for more than $ 16 billion in retail
sales last
year.
After 16
years, Dina Alker is going to put her
house in Toronto up for
sale Monday, joining the throngs of others in the city who have decided to downsize as a chill gripping what was once one of the hottest real estate markets in North America takes hold.
TORONTO — Realtors say home
sales in the Greater Toronto Area shot up 21 per cent in August compared with last
year, with strength in all major
housing categories.
You may not land a
sale for a single cornflake in the shape of Illinois (that already sold for $ 1,350 a few
years back), but chances are good that you'll be able to generate quick cash just from things you have around your
house.
However,
sales of building materials fell by the most in a
year, a potentially worrying signal from the
housing market.
This
year's bestseller, Barefoot Contessa Foolproof by Ina Garten ($ 35; Clarkson Potter / Random
House), had topped
sales of 132,000 at press time.
Last
year, Downeast Cider
House posted $ 8.1 million in
sales.
Expect that trend to continue this
year as a
housing industry hungry for
sales develops homes for the Millennial market.
The British Columbia Real Estate Association has released its 2018 first quarter
housing forecast, showing residential
sales are expected to fall 8.6 per cent to 94,855 units this
year, with the decline continuing into 2019.
White
House lawyers and other officials studied the option of overriding the ban but did not develop a strong legal position or an effective political
sales pitch in an election
year, a source familiar with the discussions said.
TORONTO —
Housing sales in the Greater Toronto Area were down by less than one per cent in June compared with the same month a
year ago, while the average selling price was up by 4.7 per cent at $ 531,374, according to a report by Toronto Real Estate Board.
After a rough start to the
year, economic data have firmed lately, with strength in
housing, spending and retail
sales pushing some Fed officials to believe that their inflation target of 2 percent is within reach.
In just one
year, Vancouver
house prices have dropped by 12 %, and unit
sales are plummeting in both Vancouver and Toronto.
Housing sales are reported to have hit a five
year high, with related increases in the value of properties, according to the Real Estate Institute of Western Australia.
The factory data added to reports on auto
sales,
housing and employment in suggesting the economy was regaining some speed, but probably not fast enough to encourage the Federal Reserve to start raising interest rates next month, as most economists had anticipated at the beginning of the
year.
Existing home
sales are up 9.7 percent over a
year ago, new home prices touch record highs and Matt Phillips says the hidden indicators on
housing are buried in Home Depot's «rock solid» earnings.
Upstate New York added relatively few jobs in
housing - related sectors (e.g. construction and
sales of consumer durable goods) during the boom
years;
In the United States, March retail
sales, industrial production and
housing figures all disappointed, and the persistent softness in U.S. economic data means the United States will struggle to hit the 3 % annual growth rate that investors had expected at the beginning of the
year.
Housing demand is also being supplemented by bankruptcy survivors who waited out their 7
year exile joining first time buyer millennials, babyboomers, immigrants, foreign investors (Canadian and Chinese), and even gen Xers, all of whom are looking for
houses for
sale.
«If we don't see the new listings number turn around next month or a pickup in new
housing starts, inventory will be a persistent drag on
sales for the remainder of the
year.»
In the
housing market, meanwhile, millennials made up 32 percent of
sales in 2014, up 4 percentage points from two
years earlier — making them the largest segment of buyers, according to the National Association of Realtors.
A critical shortage of
houses for
sale caused home prices in March to take the biggest leap in four
years.
House Democrats on Thursday unveiled a two -
year budget that would increase the state
sales tax to 6.99 percent.
Western allies press Trump to maintain nuclear deal with Iran: Reuters US intelligence monitors Iranian cargo shipments into Syria: CNN A trade war is a major risk for China's debt - ridden economy: CNBC Federal judge orders gov» t must accept new DACA immigration applications: WaPo Unification of Koreas still unlikely as leaders prepare to meet: Reuters US Consumer Confidence Index rebounded in April after March decline: CB New home
sales in US increased to 4 - month high in March: MarketWatch Richmond Fed Mfg Index turns negative for first time since 2016: Bond Buyer S&P Case - Shiller Home Price Index surged in Feb, up 6.3 % y - o - y: CNBC Federal
Housing Finance Agency: US
house prices continued to rise in Feb: HW Corp bonds with lowest investment - grade rating look vulnerable: Bloomberg 10 -
year Treasury yield reaches 3.0 % for first time since 2014: CNN Money
So too have analysts at SQM Research, which said there could be an oversupply of 8000 new dwellings — both apartments and
house and land products — in greater Brisbane this
year compounding concerns about settlements of off - the - plan
sales.
(But remember, this only applies to a primary residence, which means you must have lived in the
house for two of the five
years prior to the
sale.)
I netted $ 185,000 on the
house after paying the mortage off, which is much more than I put down 2
years earlier to buy it as a short
sale.
Although gun
sales rose consistently during the Obama
years, most of these
sales were to existing owners, reacting to his appeals for more stringent laws after several mass shootings during his time in the White
House.
Home
sales in the Greater Toronto Area (GTA), Canada's largest
housing market, and among the most inflated in the world, plunged 32 % in April, compared to a
year ago, to 7,792 homes, according to the Toronto Real Estate Board (TREB), a real estate lobbying group.
The big
housing market story in Manitoba was a surge of homes being offered for
sale with new listings growing to levels almost 14 per cent above where they were a
year ago.
Americans Spend Most on Homes in 3
Years to Drive Home Depot - Lowe's
Sales Spending on construction of new residential housing and improvements to existing homes is at a three - year high, a trend that may boost sales at Home Depot Inc. and Lowe's
Sales Spending on construction of new residential
housing and improvements to existing homes is at a three -
year high, a trend that may boost
sales at Home Depot Inc. and Lowe's
sales at Home Depot Inc. and Lowe's Cos..
According to the
housing report, the total number of home
sales (including both new and existing homes) could rise 5 % next
year to reach its highest level in eight
years.
Housing sales in the first nine months surged 34.5 percent to 4.54 trillion yuan from a
year earlier, according to government data released Oct. 18.
Exports fell 15 per cent in March, while
housing sales measured by floor space fell 22.5 per cent from a
year earlier.
In terms of floor space,
housing sales jumped 55.2 % in the January - February period from a
year earlier.
House sales in Vancouver could also drop fall 3 percent this
year, and potentially decline more than 22 percent next
year as well.
For its part, Canada's finance department projects home
sales could fall as much as 8 per cent in the first
year after new
housing regulations are implemented, based on an analysis using historical data.
There have been signs the
housing market is in recovery mode with
year - over-
year sales rising in many markets, albeit generally below 10 -
year averages.
While still down overall from last
year when
sales started slumping in the face of fears about the
housing market and tighter mortgage lending rules, high - rise condo construction starts came in 22 per cent higher in major urban centres in May compared with April.
When we report on changes in home
sales we typically compare current
sales to the previous
year rather than the previous month to avoid comparing changes that have more to do with seasonal swings in the demand for
houses.
Today the
House passed a bill which would completely exempt from capital gains taxes (subject to per taxpayer limitations) the gain on the
sale of qualified small business stock held for more than 5
years, if such stock was purchased... Continue reading →
The red - hot
housing market around Toronto and the Golden Horseshoe has helped Canadian
house sales rise 6.6 % in the
year to March 2017 to a new record and values by 18.6 %.
The average price of
houses that sold over the Multiple Listing Service in September was $ 385,906 nationally, up 8.8 per cent from a
year ago, in large part because pricey cities, such as Toronto and Vancouver, are rebounding from steep
sales declines a
year ago.
Today the
House passed a bill which would completely exempt from capital gains taxes (subject to per taxpayer limitations) the gain on the
sale of qualified small business stock held for more than 5
years, if such stock was purchased after March 15, 2010, and before January 1, 2012.
Canada's
housing market may be gradually cooling, but Toronto home
sales are expected to remain so «brisk» over the coming months, prices could jump seven or eight per cent by the end of this
year, says a new report from real estate giant ReMax.